SHA:688628 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	211.6	74.09	222.89	340.93	40.79	191.36
Short-Term Investments	-	162.98	-	-	-	61.08
Trading Asset Securities	9.51	10	100.02	15.07	377.3	183.12
Cash & Short-Term Investments	221.11	247.07	322.91	356	418.09	435.56
Cash Growth	-43.30%	-23.49%	-9.29%	-14.85%	-4.01%	133.55%
Accounts Receivable	194.95	164.25	141.4	97.46	95.14	66.44
Other Receivables	12.67	9.94	5.78	1.62	2.99	5.09
Receivables	207.61	174.19	147.18	99.08	98.13	71.52
Inventory	627.75	480.38	370.29	291.15	238.71	311.9
Prepaid Expenses	-	-	0.35	0.19	0.35	0.18
Other Current Assets	44.12	42.65	36.08	17.89	30.68	23.02
Total Current Assets	1,101	944.28	876.82	764.3	785.97	842.18
Property, Plant & Equipment	552.25	588.64	592.94	460.03	382.16	363.39
Long-Term Investments	35.66	35.66	173.73	160	2.66	3.74
Other Intangible Assets	33.94	42.07	37.97	38.3	39.71	21.78
Long-Term Deferred Tax Assets	29.68	17.75	7.74	9.11	6.49	3.41
Long-Term Deferred Charges	14.14	15.51	2.2	0.5	-	-
Other Long-Term Assets	155.01	13.48	13.63	8.51	0.66	6.11
Total Assets	1,921	1,657	1,705	1,441	1,218	1,241

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	299.06	161.24	198.58	122.33	81.86	126.49
Accrued Expenses	33.91	27.63	30.09	22.69	21.02	19.98
Short-Term Debt	32.9	50.11	19.62	11.45	8.35	-
Current Portion of Long-Term Debt	8.64	0.29	5.79	0.26	0.26	0.24
Current Portion of Leases	-	7.37	7.38	0.98	0.26	0.56
Current Income Taxes Payable	12.31	2.93	2.98	0.92	-	0.67
Current Unearned Revenue	48.3	70.83	47.17	31.2	27.44	87.2
Other Current Liabilities	97.24	28.56	55.48	20.75	13.16	51.42
Total Current Liabilities	532.36	348.96	367.07	210.6	152.35	286.56
Long-Term Debt	24.4	2.8	79.2	37.63	3.61	3.55
Long-Term Leases	33.17	37.54	25.38	1.46	-	0.14
Long-Term Unearned Revenue	3.37	1.54	0.47	0.31	0.65	1
Long-Term Deferred Tax Liabilities	0.7	1.55	-	1.54	1.96	-
Total Liabilities	593.99	392.38	472.12	251.54	158.57	291.25

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	111.77	111.77	111.28	110.84	110.42	110
Additional Paid-In Capital	619.59	607.49	608.03	593.58	577.84	557.36
Retained Earnings	594.96	544.4	537.63	487.17	367.7	283.42
Treasury Stock	-	-	-26.08	-4.59	-	-
Comprehensive Income & Other	0.43	1.72	4.25	3.33	2.72	-1.06
Total Common Equity	1,327	1,265	1,235	1,190	1,059	949.73
Minority Interest	0.53	-0.38	-2.19	-1.1	0.4	-0.37
Shareholders' Equity	1,327	1,265	1,233	1,189	1,059	949.36
Total Liabilities & Equity	1,921	1,657	1,705	1,441	1,218	1,241

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	99.11	98.11	137.36	51.79	12.48	4.49
Net Cash (Debt)	122	148.95	185.55	304.21	405.61	431.07
Net Cash Growth	-50.93%	-19.72%	-39.01%	-25.00%	-5.91%	136.39%
Net Cash Per Share	1.09	1.34	1.68	2.75	3.66	4.00
Filing Date Shares Outstanding	112.32	111.77	110.54	110.55	110.42	110
Total Common Shares Outstanding	112.32	111.77	110.54	110.55	110.42	110
Working Capital	568.24	595.32	509.75	553.7	633.62	555.62
Book Value Per Share	11.81	11.32	11.17	10.77	9.59	8.63
Tangible Book Value	1,293	1,223	1,197	1,152	1,019	927.95
Tangible Book Value Per Share	11.51	10.95	10.83	10.42	9.23	8.44
Buildings	-	560.54	428.93	373.89	356.88	166.93
Machinery	-	214.27	175.16	151.52	145.75	98.15
Construction In Progress	-	0.46	145.76	87.42	4.05	195.9